I know but the user needs to sign up for a demo or real account and download the software, right? Do all visitors of fx-performance .com sign up for the demo? If anyone is not planning to trade with FXDD, then why to open demo or live account?! Many of your website visitors come to select some signal provider to trade on their own and as i mentioned before your website gives misleading information.
Do you know that it's possible that a signal provider can keep sucking your money and it may be late before you realise it! A desperate signal provider who can't make any good trades may start opening random orders and closing them in seconds and with every order he will get commission from you regardless of the result. How many orders can a signal provider open in 1 hour before you realise what he is doing?I guess he can make hundereds orders and the commission will be sent to him automatically. Fx-auto really did a great job and their service is good and i also like their software. The only problem is that scammers started to make use of fx-auto to screw up newbies! When fx-auto lets a free hosted website like Zeetrade get listed then the quality of the service is seriously degrading! Where else will we know about those low scam sites except in fx-auto? I believe that some scam signal providers created websites just to be listed in fx-auto and they will collect few hundereds dollars from some subscriptions and for them that's enough coz they will shut down and start a new scam and get it listed. It does not cost much to start a signal website especially when fx-auto started to accept sites on free hosts!
Just to add that it costs only 20$ to buy a website name and host. So, imagine what kind of signal providers are those who don't want to pay 20$ to get a real website and they show up in fx-auto as a great performer and they ask for 30% of the profit they will make for us! This's really bullsh*t!
Terry G: You have definitely helped expose the SCUMBAGGERY of these snakeoil Fx signal services, Bravo! Now please post something positive, I have lost faith in the entire Fx market. I was thinking of starting a signal service which is disseminated via a roll of toilet paper, at least the calls can't get any shittier. el surdo $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
fx auto shows a -18.000 pips loss in their system. from what i read here, it looks like they will have to hire pretty good lawyers to bail them out of this mess.
I found another service very similar to the one mentioned above. 1st financial. They are 100% winning on all major pairs and when i checked the open trades in the demo i found that they have 31 open trades with total -6500 pips!!! Guess what's the website.. www.1stfinancials.50webs.com I have no doubt that 1st financial and Zeetrade are managed by the sam poor person who can't afford few dollars to get a real website instead of the free hosting service he is using. 1st financial is selling his signal for 200$/month. I guess with the first subscription he will be able to buy a real domain name and host. Maybe he will buy new shirt and shoes also I really find it very wierd that Fx-auto are silent towards what's written in this thread, they ignore the posts or give irrelevant meaningless answers like
I think why Fx-Auto is backing providers like Clayburg is because if you look at their number of lots you can simply imagine how much they are making for FX-Auto. As said earlier, it is easy to develop a system without any analysis. Just buy EUR and Sell GBP or vice versa. ANybody who has a little knowlege of these things can clearly see what is going on. A suggestion to fx-Auto is that they can solve this problem by setting a mximum drawdown barrier. Once a signal rpovider touches that, they can stop that pair and let them work with other. I know I can be wrong in my judjement but my aim here is not to just look at the problem but to help sort it out. The guys are on the top who have the largest drawdowns.
There is a lot of inof regarding signal providers on FX-Auto but one thing that seems to lack is recommended money managment. I think all companies should set minimum requirements to go with their signals beacause I am sure that the same money management strategy cannot work with all signal providers. I am sure FX-Auto will look into mu suggestion.